Where to invest inheritance money for my kids?
This money is intended specifically to build generational wealth for children rather than fund your own retirement. Finding the right place to invest it allows you to maximize long-term returns for their future.
What people tried
Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.
Found another way around this?
Share your steps and trade-offs so fellow engineers don't have to reinvent the wheel. No account required.
- 1Holding cash in a money market fund like VMFXXDid this help you?
- 2Investing in a single globally diversified equity fund like VTDid this help you?
- 3Combining total stock market and international stock market index funds like VTI and VXUSDid this help you?
- 4putting money in regular checking accountsDid this help you?
- 5putting money in CDs, money market accounts, or HYSAsDid this help you?
- 6Putting the funds in a high-yield savings account (HYSA)Did this help you?
- 7Leaving the money sitting in a high-yield savings account (HYSA)Did this help you?
- 8Using parts of the inheritance to cover everyday living shortfalls or milestones like home repairs and 529 accountsDid this help you?
In their words
Unedited, grouped by where they were said, most upvoted first within each place, each linked to the thread it came from.
“For money specifically intended to become "generational wealth" rather than fund my own retirement, how would you invest it?”source ↗
“Seeking suggestions for the best place to put money for my kids?”source ↗
Where this came up
People with this problem also raised
- 3How do you safely distribute inheritance money to a minor?
- 5How to invest an inheritance when you have no idea what you're doing
- 10Where to invest money for a child when college plans are uncertain
- 51I just got a massive cash settlement, what do I do now?
- 4What should I do with inherited stock?
- 8Where should I invest money I need in two years?